3174 S Padre Island Dr$9.07 – $11.04/SF/yr NNN
Republic Exchange
1,005,700 SF industrial building at 3242 E Houston St, Dallas, TX 75241. For Lease through the owner.
For LeaseStatus
$12.21/SFAsking rent
1992Year built
AClass
Property facts
| Property type | Industrial |
|---|---|
| Building class | A |
| Rentable area | 1,005,700 SF |
| Stories | 1 |
| Year built | 1992 |
| Renovated | 2004 |
| Typical floor | 1,005,700 SF |
| Lot size | 11.82 acres |
| Parking ratio | 4.0/1,000 SF |
| Occupancy | 100.0% |
| Zoning | DC-5 |
| Parcel ID | 14-106-4613 |
| Submarket | South Dallas Industrial |
| Market | Dallas-Fort Worth |
| Walk Score | 59 |
| Transit | PATH 3 min walk |
| Listing package | Diamond |
Building amenities
Food Service, Signage, Fitness Center, Conference Facility, Roof Terrace, EV Charging, Bike Storage
Major tenants
| Tenant | Industry | Floor | SF | Lease expiry |
|---|---|---|---|---|
| Halverson Engineering | Insurance | 1 | 184,340 | 2028-09-01 |
| Granite Financial | Insurance | 1 | 256,070 | 2023-12-01 |
| Meridian Wealth | Real Estate | 1 | 35,200 | 2031-03-01 |
Sale history
| Date | Price | $/SF | Cap rate | Buyer | Seller |
|---|---|---|---|---|---|
| 2022-10-02 | $61.58M | $61.23 | 6.51% | Silverline Holdings | Potomac Realty Trust |
Public record
| Owner of record | Cascade Realty Trust LLC |
|---|---|
| Assessed value | $123.24M |
| Land value | $55.31M |
| Improvement value | $67.93M |
| Annual tax | $2.92M |
| Tax year | 2026 |
| Lot size | 514,879 SF |
| Last deed | 2018-10-20 |
| Deed type | Bargain and Sale Deed |
| Legal description | LOT 1 BLK 739 SOUTH DALLAS INDUSTRIAL ADDN |
Location
3242 E Houston St
Dallas, TX 75241
South Dallas Industrial submarket · Dallas-Fort Worth market
32.69808, -96.76675
Open in RealStarListing package
Diamond — Top placement across the network.
Top placement across search, market pages and the mobile app, full media production, machine-matched buyer targeting using transaction history, and a named marketing manager.
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Property-level inventory shown here is RealStarGlobal sample data generated for product demonstration; live market activity, deal flow and news are sourced from the Acquirepad CRE intelligence feed and the public registries listed in the data sourcing plan.